Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.Monday, February 23, 2015
Silver Price Depressing Downtrend Will Eventually End / Commodities / Gold and Silver 2015
Following the recent explosion in Commercial short and Large Spec long positions in silver, followed by a breakdown below the neckline of a potential Head-and-Shoulders bottom, the outlook for silver is bearish, with the metal stuck in a stubborn downtrend.
On its 6-month chart we can see how its advance early in the year hit a wall at its falling 200-day moving average, when Commercial short positions exploded, as we noted at the time on the site, and it has since reacted back, and with it failing to stabilize at the support at the neckline of the potential Head-and-Shoulders bottom, the medium-term outlook is bleak, which will not be changed by any bounces occasioned by the fact that it is now short-term oversold.
Read full article... Read full article...
Monday, February 23, 2015
Gold and Silver Stocks or General Stock Market Indices? / Commodities / Gold and Silver Stocks 2015
I would like to start this Weekend Report by looking at the HUI:SPX ratio chart I posted late Friday night that shows a time objective out to October of this year. If both the time and price elements play out according to this ratio chart then the HUI should be close to a major bottom making a round trip from bull market to bear market and back to a bull market again against the SPX. There doesn't have to be a V bottom as good bottoms take time to build out.
Read full article... Read full article...
Monday, February 23, 2015
Soybean Commodity Price Technical Outlook / Commodities / Agricultural Commodities
Soybeans or soya beans to some. Most people probably associate them with soy milk and soy sauce. Mmm. I feel like some Chinese food already! These are just two examples of its many uses.Let’s take a top down approach to the analysis beginning with the big picture yearly chart.
Read full article... Read full article...
Monday, February 23, 2015
Gold Weekly COTs and More / Commodities / Gold and Silver 2015
Fading Greece concerns were a tough headwind for the yellow metal this week and it certainly had a negative impact on the intermediate-term chart.
Read full article... Read full article...
Sunday, February 22, 2015
Copper Commodity Price Technical Outlook / Commodities / Copper
Copper got a bit of press attention recently with headlines of a plunge in price. This was in early January and I hadn't looked at the copper chart for a few days and I was gobsmacked when I did. A plunge they say?! What a load of baloney!! If that was a plunge then they are in for a big shock later this year if my analysis is correct.
But let's not get ahead of ourselves. Let's start with the small picture and then come back to the big picture which will reveal the likely shock in store.
Read full article... Read full article...
Sunday, February 22, 2015
U.S. Dollar and Investing in Gold Stocks / Commodities / Gold and Silver Stocks 2015
Duck Quacks and Golden Echoes - The US Dollar, on a slippery slope for years, has reversed and broken out against every major currency and developing economy currency . A global wide quantitative easing (QE) is happening. Almost every central bank (Sweden's Riksbank became the 14th central bank to ease monetary policy in 2014) is now creating money as fast as they can potentially leading to a global liquidity storm.
Read full article... Read full article...
Saturday, February 21, 2015
Gold And Silver – Banker’s Grip On Precious Metals Not Over! / Commodities / Gold and Silver 2015
To leave the EU or not to leave the EU, that is the question? Pick any hour, and you will have an answer that is good until the next hour passes. While there have been cheers and encouragement for what the newly elected Syriza party has been telling the EU, that no more debt enslavement will work for Greek citizens, it could very well turn out that Greece’s Prime Minister Alexis Tsipras and his Minister of Finance Yanis Varoufakis are waiting for the best deal for themselves before ensuring that Greek citizens remain so enslaved. It is extremely difficult to fight the elite’s system and win.
Read full article... Read full article...
Friday, February 20, 2015
Gold Bides Time – Massive Complacency Regarding Ukraine, Greece and Debt Crisis / Commodities / Gold and Silver 2015
* Greek Bank Runs Accelerate as Possible ‘Grexit’ Looms
* Fatigue with Greek Crisis Breeding Massive Complacency
* Government in Kiev Forced to Take Diplomatic Approach
* Ukraine a Significant Setback for NATO
* Regional War in Eastern Europe Averted for the Moment
* Middle East, Israel and Iran Timebomb Ticking
* India Demand To Rise To 35 – 40 Tonnes This Month
* Gold Oversold – Fundamental and Technical Position Good
Friday, February 20, 2015
Gold Price & Gold Stocks Near Term Prognosis / Commodities / Gold and Silver Stocks 2015
Precious Metals have had an interesting week. Both Silver and the gold stocks rebounded off their 50-day moving averages only to do a 180 the following day. Meanwhile Gold has given back most of its January gains. In this missive we consider the near term outlook for Gold and the gold stocks.
Read full article... Read full article...
Thursday, February 19, 2015
Cotton Commodity Price Forecast To Rise / Commodities / Commodities Trading
The cotton price has experienced a shellacking over recent years so is there any relief in sight for cotton growers going forward? Let’s find out taking a top down approach to the technicals beginning with the yearly chart.
Read full article... Read full article...
Thursday, February 19, 2015
Gold Bars Worth Over £350,000 Robbed From Pensioner By Fake Cops / Commodities / Gold and Silver 2015
- Story of pensioner in Paris who has had €450k of gold stolen by fake police highlights risks of storing gold in home
- Criminals impersonating cops gained access to home claiming to be investigating gold robbery
- 13 kilogram bars worth €450,000 taken, pensioner unharmed
- Gold owners must take precautions
- Greek depositors taking precautions by taking cash out of banks
Thursday, February 19, 2015
What This "Ice Level" Means to Future Oil Prices / Commodities / Crude Oil
D.R. Barton writes: You'd have to be living under a rock (and one without Internet access at that) to have missed the oil price swoon that has taken place since June.
Even after a recent bounce back from an under-$50 per barrel low, and a trough-to-peak rebound of 24% since the end of January, the technical picture does not indicate smooth sailing upward from here.
Read full article... Read full article...
Thursday, February 19, 2015
Why Crude Oil Prices Must Go Up / Commodities / Crude Oil
It may be difficult to look beyond the current pricing environment for oil, but the depletion of low-cost reserves and the increasing inability to find major new discoveries ensures a future of expensive oil.
While analyzing the short-term trajectory of oil prices is certainly important, it obscures the fact that over the long-term, oil exploration companies may struggle to bring new sources of supply online. Ed Crooks over at the FT persuasively summarizes the predicament. Crooks says that 2014 is shaping up to be the worst year in the last six decades in terms of new oil discoveries (based on preliminary data).
Read full article... Read full article...
Thursday, February 19, 2015
Crude Oil Price Double Top or Further Rally? / Commodities / Crude Oil
Trading position (short-term; our opinion): No positions are justified from the risk/reward perspective.
Although crude oil moved lower after the market's open weakened by concerns over the situation in Ukraine and Greece, the commodity rebounded as weaker U.S. dollar supported the price. As a result, light crude gained 1.08% and climbed above an important resistance, but is it as bullish as it seems at the first sight?
Read full article... Read full article...
Thursday, February 19, 2015
How Gold Investors Can Take Advantage of a Rising Happiness Index / Commodities / Gold and Silver Stocks 2015
The bottom is in, says Gwen Preston, founder of the Resource Maven, but the next bull market in gold hasn't yet arrived. In this interview with the The Gold Report, she argues that investors should concentrate on finding likely takeover targets and explains that these companies are often distinguished by strong investor and institutional backing. She identifies four such companies, as well as highlighting two exciting explorers and the one gold major best positioned for a robust recovery.
The Gold Report: You have doubled down on your declaration that "Nov. 5 was the bottom for gold and gold equities." What makes you so certain?
Read full article... Read full article...
Wednesday, February 18, 2015
Gold Price $250 Forecast - Dear Harry Dent: Wanna Bet? / Commodities / Gold and Silver 2015
Some of you may be aware that investment guru Harry Dent has publicly stated that gold will fall to $250-$400. He specifically predicted:
Around $700/ounce is a certainty in gold by 2015 to 2016, and $250 is a possibility well down the line by 2020–2023.
His forecast is largely based on his belief that deflation will prevail.
Governments are fighting deflation. If government stimulus fails, we will have deflation, not inflation.
Read full article... Read full article...
Tuesday, February 17, 2015
Silver and Gold: Why Now? / Commodities / Gold and Silver 2015
Examine the graph of the silver to gold ratio over the past 25 years.
Read full article... Read full article...
Tuesday, February 17, 2015
HUI Index: Bull Pullback or Bear Rally? / Commodities / Gold and Silver Stocks 2015
Call us Gold Bugs if you wish - it's OK - really.
We have a firm belief that the precious metals, Gold and Silver, are the only real money on planet Earth. We also believe the metals are in a secular bull market that has several more years to run.
Yes, holding these opinions places us in a minority group that is way outside the mainstream of financial "thinking".
Read full article... Read full article...
Tuesday, February 17, 2015
Global Insecurity Is Good for Gold / Commodities / Gold and Silver 2015
International anxiety may be good for gold prices, as gold continues to have a place as a store of value in uncertain times, says Mike Niehuser of Scarsdale Securities. Lower energy prices and a stronger dollar may provide relief for precious metal miners, especially explorers and miners working outside the United States. Management teams that have been forced to adapt to survive should do well in an upturn, and in this interview with The Gold Report, Niehuser discusses a handful of companies that fit the bill, including one in renewable energy.
The Gold Report: Gold and silver have both demonstrated explosive growth in 2015. Why has this happened, and will it continue?
Read full article... Read full article...
Monday, February 16, 2015
Strong US Dollar Sets Gold and Sliver Markets Tone / Commodities / Gold and Silver 2015
This week the US dollar moved strongly upwards against the other major currencies, at the same time weakening gold and silver along with most industrial commodities, before some profit-taking set in yesterday. The effect on precious metals is a change from previous weeks when a flight into dollars also supported gold and silver prices. Instead, gold and silver were noticeably weak until this morning, when prices recovered $8 and $0.13c respectively in early London trading. So what’s changed?
Read full article... Read full article...